OpenAI’s Chief Economist on What It Takes to Study AI’s Impact on Work
At OpenAI, understanding AI’s impact on jobs is a job in itself. Employees on the company’s economic research…
‘E-Shaped’ Economy: Fed Beige Book Reveals High Earners Keep Spending While Middle-Class Americans Stretch Every Dollar
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Spring homebuying season is poised for ‘modest gains’. Will inflation and job market fears get in the way?
This spring is supposed to be when the housing market finally begins to thaw out of its three-year-long…
Europe’s Economy Can Ride Out Iran War — If Over in a Month
(Bloomberg) — The next four weeks will determine whether Europe’s economy is facing a fresh crisis or simply…
Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
Last summer, Bank of America Research predicted a “sea change” in the economy as companies showed increasing signs…
US job openings slide to 14-month low; hiring weak in November
By Lucia Mutikani WASHINGTON, Jan 7 (Reuters) – U.S. job openings dropped to a 14-month low in November…
The latest government inflation and GDP figures are worthless, and will be for months to come
The federal government’s monthly releases of economic statistics — especially the inflation rate and growth as tracked by…
Americans have a new thing to worry about: A stuck job market with no quick fix
The latest jobs report had its share of shutdown-related quirks, but a familiar theme cut through the noise:…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says
The U.S. economy is still managing to avoid a recession, but just barely, with its fate likely resting…
ADP says private sector sheds jobs as government shutdown halts data
Companies shed 32,000 jobs last month, according to data from payroll processor ADP, marking the biggest private sector…
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says
One of Wall Street’s most closely watched voices delivered a blunt message to peers and policymakers: The U.S.…